I started buying different coins at their support levels last week, and I was quite happy to be buying after a 20-30% correction π.
However, over the past few days, some of them have dropped another 15-25%, which is concerning π. Are we headed lower, or is this the local bottom weβve been anticipating?
Good afternoon, traders and investors! π This is Strategy Masterβthe wolf πΊ who simplifies complex crypto cycles and gives you straightforward answers.
By the end of this email, youβll know whether itβs the right time to increase your investments π° or if itβs better to wait for better prices in January π°οΈ.
Before we get to the answers, letβs dive into what the cycles are showing us for Bitcoin πͺ.
The Market Rally Has Run Its Course
π¨ My free Cycle Indicator flashed three sell signals (the red stripes on the chart), and weβre now approaching a 60-day cycle low.
Wait, Master, How Did You Know the Rally Was Over?
Simpleβby using my Cycle Indicators on the chart. Hereβs what happened:
- The light blue line (2-week cycle) climbed above 80 (currently at 91).
- The red line (1-week indicator) also climbed above 80.
- Both converged with the violet line (3-day cycle indicator) above 80 as the price surpassed $100k.
This was the marketβs way of saying:
βI donβt have much more strength to go higher.β
What Happened Next? π»
The market corrected itself to make room for new buyers.
- Despite the bullsβ strength, the market peaked at $107k as the darker blue line (1-day cycle indicator) rose above 80, marking the 60-day cycle top.
- Sellers took control, profit-taking ensued, and prices began declining.
How Much Lower Can We Go?
According to cycle theory, Bitcoinβs price moves in 60-day cycles:
- The first half rises π.
- The second half declines π.
In bullish markets, the upward phase usually lasts longer than the downward phase.
Alright, AlrightβJust Tell Us Where It Goes
- The current cycle began on November 4th, so weβve spent 43 days trending upward.
- That leaves roughly 17 days for the downtrend.
π In very bullish conditions, prices might rise slightly toward the end of the cycle, but dramatic jumps are unlikely.
Why This Phase Is Exciting
This is where we aim to catch the bottom and prepare for the next cycle π.
Check out this BTC chart from last year for clues.
To Master Cycles, You Only Need Two Things
1οΈβ£ Access to Cycle Indicators
I offer free access to anyone who refers two friends to this newsletter.
π Invite two friends and reply with your TradingView username, and Iβll grant access within 24 hours.
2οΈβ£ Pattern Recognition
Cycles are, by definition, a series of events that repeat in the same order. Recognizing past patterns allows you to predict future movements.
Why Cycles Matter
Those who follow cycles excel in the market because they:
β
Know when to take risks.
β
Know when to sell.
Now, letβs address the most pressing question:
Whatβs Next for Crypto?
Take a look at what happened just weeks after the previous cycle β³.
Cycle Status and Whatβs Next
- The 1-week cycle dropped below 20 within 1.5 months.
- The 3-day cycle cooled off and stayed under 20 for over a month.
- The 1-day cycle completed a few smaller cycles before hitting a local bottom.
So, Are We Buying Now?
The answer depends on the token. πͺ
Bitcoin: Not Yet
For Bitcoin, weβre waiting for:
- The 60-day low.
- The 1-week cycle to reset.
TON/BTC: Promising Setup
This chart looks promising. π
π Check it out:
TON Cycle Update: Reversal Underway
TON started its reversal on the 2-week cycle, indicating the start of a bullish trend π. The 1-week cycle is struggling but about to reverse, while the 3-day cycle is nearing 20 π.
The Best Entry Point
β³ Wait until the 1-day cycle dips below 20 (likely in 7-10 days). By then, the 3-day cycle should also be around 20, offering an optimal buying opportunity. We might even catch the absolute bottom this way! π―
Pro Tip
π Always analyze coin/BTC charts instead of coin/USDT charts for more accurate results.
Join the Inner Circle
In my private group:
β
Iβve set up automated signals to identify bottoming coins.
β
I engage daily with members, answering all their questions.
π° For less than $3 USDT per day, you can join the group and level up your trading game:
Final Advice
β οΈ Stay safe, avoid overtrading, and only buy when the 1-week cycle bottoms out!